{"id":2015,"date":"2020-06-11T11:55:27","date_gmt":"2020-06-11T15:55:27","guid":{"rendered":"https:\/\/investinhamilton.ca\/hamilton-business-centre\/?p=2015"},"modified":"2020-07-10T19:57:04","modified_gmt":"2020-07-10T23:57:04","slug":"57-million-investment-in-digital-main-street","status":"publish","type":"post","link":"https:\/\/investinhamilton.ca\/hamilton-business-centre\/2020\/06\/11\/57-million-investment-in-digital-main-street\/","title":{"rendered":"$57 Million Investment in Digital Main Street to Help Businesses Reopen and Recover"},"content":{"rendered":"\n

The Ontario government, in partnership with the federal government, is helping small businesses reach more customers through the Digital Main Street platform<\/a>.<\/h2>\n\n\n\n

With the announcement of the additional funding, Hamilton will continue to be a participating municipality of the Digital Main Street programs. Earlier this year, the Hamilton Business Centre was proud to share that in Hamilton and the surrounding area (Ancaster, Stoney Creek, Waterdown, Dundas) 100+ Digital Main Street grants equaling $285,000 were awarded to local businesses, and served 300+ clients were assisted in their pursuit of digital transformation<\/strong>.<\/p>\n\n\n\n

The announcement made today regarding Digital Main Street is big one! It is a $57-million program ($50 million in federal funding through FedDev Ontario and $7.6 million from the province) which will help up to 22,900 Ontario businesses<\/strong> create and enhance their online presence and generate jobs for more than 1,400 students.<\/p>\n\n\n\n

The majority of the investment will fund Digital Main Street\u2019s $2,500 grant program, which helps small businesses purchase new technology; it will also cover the costs for additional students and staff to deliver Digital Main Street\u2019s shopHERE program.<\/p>\n\n\n\n

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Digital Main Street website homepage<\/em><\/figcaption><\/figure>\n\n\n\n
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\u201cOntario\u2019s small businesses are the backbone of our economy, and their recovery is critical to Ontario\u2019s recovery,\u201d <\/strong>said Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction. \u201cAs thousands of small businesses across the province closed their doors and halted business during the COVID-19 outbreak, many struggled to shift sales or services online. I am very pleased, that together with Minister Joly and our federal partners, we are providing small businesses with the tools they need to recover, and flourish, as Ontario reopens.\u201d<\/p>\n\n\n\n

Through the $57-million contribution to the Digital Main Street platform<\/strong>, businesses will be able to take advantage of three new programs to support their digital transformation:<\/p>\n\n\n\n

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shopHERE powered by Google<\/strong> will leverage Ontario\u2019s strengths by hiring highly skilled and trained students to build and support the launch of online stores for businesses that previously did not have the capacity to do so themselves. The core goal will be to help small businesses compete and grow, in a world that is increasingly online, and help them recover as quickly as possible following COVID-19.<\/p>\n\n\n\n

Learn more about shopHere<\/a><\/p>\n\n\n\n

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Digital Main Street Grant<\/strong> will help main street small businesses be digitally more effective. Through a $2,500 grant administered by the Ontario BIA Association, small businesses will be able to adopt new technologies and embrace digital marketing. Municipalities, Chambers of Commerce, and Business Improvement Areas (BIAs) can apply for a Digital Service Squad grant, which will allow them to establish teams to provide personalized, one-on-one support.<\/p>\n\n\n\n

Pre-Register Now<\/a> (Applications reopen July 1, 2020)<\/strong><\/p>\n\n\n\n

Learn more about the Digital Main Street grant program<\/a><\/p>\n\n\n\n

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Future-Proofing Main Street<\/strong> will provide specialized and in-depth digital transformation services and support that helps existing main-street firms adapt to changes in their sector and thrive in the new economy. By leveraging teams of digital marketing professionals and talented students, these firms will be able to create new online business models, develop and implement digital and e-commerce marketing strategies, and maximize digital tools, platforms and content.<\/p>\n\n\n\n

Learn more about Future-Proofing Main Street<\/a><\/p>\n\n\n\n

<\/div>\n\n\n\n

In addition, the Recovery Activation Program<\/strong>, operated through the Toronto Region Board of Trade, will help businesses grow and digitize their operations with custom consulting sessions, online resource sharing, learning webcasts and business planning. As a result of the investment announced today, the program will be offered province-wide and at no cost to businesses.<\/p>\n\n\n\n

“As local economies across Ontario reopen, we\u2019re focused on ensuring that our main streets don\u2019t just survive, but thrive,\u201d<\/strong> said M\u00e9lanie Joly, Canada\u2019s Minister of Economic Development and Official Languages and Minister responsible for the Federal Economic Development Agency for Southern Ontario.“These businesses are the backbone of our economy, a source of local jobs \u2013 and local pride”<\/strong>. Thanks to the expanded Digital Main Street platform, they\u2019ll be able to expand their offerings and take advantage of more and more people shopping online. Our message to Ontario\u2019s small businesses and those whose livelihoods rely on them is clear: we\u2019re working with you to support good jobs and help our economy come back stronger than ever.\u201d<\/p>\n\n\n\n

\u201cThe global marketplace is rapidly changing, and in order to compete and succeed Ontario must adapt,\u201d<\/strong> said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. \u201cBy using innovative tools and technologies, Digital Main Street will help our businesses in expanding their reach to meet new markets and adjust to the new realities of doing business during the pandemic and into the next phase of economic recovery.\u201d<\/strong><\/p>\n\n\n\n

About 60 percent of Ontario\u2019s small enterprises have a website, and only seven percent have an online payment solution. Digitally, Canadian businesses are estimated to be two years behind their U.S. counterparts.<\/strong><\/p>\n\n\n\n

In response, the Ontario government is providing significant support to small business. Along with the Digital Main Street platform<\/a>, the province is investing an additional $150 million in rural broadband which will help open the digital road for many Ontario small businesses. In addition, the province has proposed a ban on commercial evictions to help businesses that have been impacted by restrictions due to COVID-19.<\/p>\n\n\n\n

Additional Links:<\/h2>\n\n\n\n

Stakeholder Response to Digital Main Street<\/a>
Toronto shopHere Initiative Goes National with $1 Million Investment from Google Canada<\/a>
FedDev Ontario and partners to assist nearly 23,000 Ontario businesses in embracing online commerce<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The announcement made today regarding Digital Main Street is big one! 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